What Is the Minimum Income Needed to Afford the Average Home in America in 2024?

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Owning a home requires strategic planning, significant savings, and sometimes compromises on location or size. While the national median home price demands an income of nearly $100,000, exploring affordable regions, leveraging assistance programs, and carefully budgeting can make homeownership more accessible. With dedication and financial discipline, the dream of owning a home is still within reach for many Americans.

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